Weekly ICO and cryptocurrency market analysis from 31.12 to 06.01.2019 | Digital Rating Agency

Weekly ICO and cryptocurrency market analysis from 31.12 to 06.01.2019

07.01.2019

Weekly ICO and cryptocurrency market analysis from 31.12 to 06.01.2019

General dynamics of the crypto-currency market ( from 31.12.2018 to 06.01.2019.)


As of 06.01.2019 the aggregate capitalization of cryptocurrencies has increased by 5.84% from its minimum value of the week at $125.6 billion, registered on 31.12.2018, and amounted to $132.9 billion. Thus, the total capitalization from 31.12.2018 to 06.01.2019 has broken the downtrend of the previous week.


The Bitcoin market capitalization has increased by 3.77%: from $65.2 billion to $67.7 billion.

From 31.12.2018 to 06.01.2019 the total altcoins capitalization (excluding Bitcoin) has increased by 8.09%: from $60.3 billion to $65.2 billion. Dynamics of increase of the altcoins capitalization has outstripped a corresponding dynamics of the Bitcoin by 4.32%


The DRI index (market capitalization, cleared of “dead” and non-traded coins) has increased by 5.61% from its minimum value of the week at$107 bn (01.01.2019), to $113 bn (06.01.2019).


The Bitcoin price has increased by 2.96% (from $3747 to $3858).
The price of Ethereum, the second currency on capitalization in January has increased by 17.27% (from $133 to $157).

The Bitcoin dominance from 31.12.2018 to 06.01.2019 significantly decreased by 0.01% (from 0.52% to 0.51%). Ethereum dominance increased by 0.01% (from 0.11% to 0.12%).


Top 10 Gainers and Losers


Top 10 gainers and losers from 31.12.2018 to 06.01.2019 were identified. When researching the market, the analysts of the Digital Rating Agency (DigRate) took into account only cryptocurrencies with an average daily trading volume of at least $ 1M.


Top 10 gainers:

Name Ticker Volume (24h) Price (06.Jan) Growth %
MobileGo MGO $ 4,490,602.1 $ 0.4116303654 108.24
ChainLink LINK $ 6,490,313.8 $ 0.4006399486 107.81
Moeda Loyalty Points MDA $ 4,244,364.8 $ 0.8441949727 73.89
Smartlands SLT $ 1,071,356.5 $ 3.4185761513 69.25
Waves WAVES $ 11,125,413.5 $ 3.184421923 15.93
ProximaX XPX $ 3,149,534.9 $ 0.0045349748 4.28


Top 10 losers:

Name Ticker Volume (24h) Price (06.Jan) Growth %
Mithril MITH $ 2,239,900.6 $ 0.0653846147 -88.16
BankEx BKX $ 1,633,995.8 $ 0.0246388368 -86.55
Gifto GTO $ 4,274,699.0 $ 0.0270597232 -82.64
Aion AION $ 1,169,360.7 $ 0.1664586859 -82.25
Wanchain WAN $ 1,368,662.9 $ 0.3833636166 -81.0
Ontology ONT $ 8,253,582.0 $ 0.6563178905 -80.91
ICON ICX $ 6,018,324.4 $ 0.2871962251 -78.64
Bumo BU $ 4,271,673.2 $ 0.0508285419 -78.04
Metal MTL $ 2,604,762.2 $ 0.2716625337 -77.41
OmiseGO OMG $ 26,994,513.6 $ 1.5564429195 -76.88


ICO market analysis, from 31.12.2018 to 06.01.2019.


During the period from 31.12.2018 to 06.01.2019 11 ICOs were completed, 1 of them failed to collect the soft cap. No project got into Dead category: these are projects that do not have a running website, or projects whose leaders were prosecuted or now are under investigation on fraudulent activities. The amount of collected funds from 31.12.2018 to 06.01.2019 is $3.6 million.


The number of ICOs and collected funds in 24.12.2018 and 31.12.2018:

Index December January
Conducted by ICO/$ 114/68.5 million 11/3.6 million
Active/$ 11/42.5 million 2/3.6 million
Failed/$ 2/0 1/0
Dead/$ 2/25.9 million 0/0

The amount of ICO compared to the previous week has proved to be less by 103 (90.35%), and total amount of funds — less by $64.8 million (94.71%).


This week $3.6 million was collected by the five largest projects in total, and 97.24% ($3.5 million) of it fell to the share of VocoNetwork.

Top-5 projects by the amount of raised funds, from 31.12.2018 to 06.01.2019:

Name Ticker Funds raised
VocoNetwork VOCT $ 3.5 million
ZenSports SPORT $ 100000
ASSPACE TOKEN ASP -
Total collected by top 5 3.6 million


Top-5 projects of next week.

Analysts of the Digital Rating Agency (DigRate) selected 5 most promising projects, pre-ICOs and ICOs of which are scheduled for 07.01.2019.


Conclusion

During this week the cryptocurrency market was in uptrend and the total market capitalization has increased by 5.84% compared to the previous week. During this week the price of the dominant currency Bitcoin has increased by 2.96%. The price of Ethereum, has increased by 17.27%.

MobileGo, ChainLink and Moeda Loyalty Points have become the gainers of the week, the price of their tokens increased by 108.24%, 107.81% and 73.89% respectively. Mithril, BankEx and Gifto turned out to be the losers of the week.